The problem with headlines, yet again: A correct random prediction does not make a new visionary
Bad headlines do incalculable damage to public discourse, because in the current world of information overload because the torrent is best managed by digesting headlines only. It is understandable that editors then go for a vivacious headline, hey it even happens at this very site, but there should be a reform school or penalty […]
Yes, OPEC gave you low gasoline prices. And they can take them away just as easily.
You might read in the news that OPEC (Organization of Petroleum Exporting Countries) has lost its power to maintain prices because of the shale revolution in US oil production. Nothing is further from the truth. The fact is that OPEC can make the swings even more violent, which is extremely upsetting for stability loving […]
Low Oil Prices: Good for your wallet but the global effects are surprising
The world is divided fairly clearly into two groups when it comes to low oil prices. One group benefits from them, that being business and individuals that consume oil somehow. Peculiarly that means almost everyone, which you would think would render my thesis nonsensical. That’s your problem, sit still for a minute. The other […]
Cheap Energy for the Holidays: Saudi Arabia handing out Christmas presents?
Chances are that in your part of the world gas prices are lower than they have been in a long time. Less widely noticed, unless your hobbies include scrutinizing utility bills or obscure commodity markets, is that natural gas prices are in the same state of affairs. While producers of these commodities spend th […]
Paris Climate conference: The right way to view it
The Paris climate conference has been viewed by much of the world as an absolutely critical event to save the world from catastrophe. That may be partly self-interest, because it looks like most of the world attended. At any rate, the last conference in Copenhagen, six years ago or something, didn’t produce a comprehensive […]
Public Energy Number One 